Obek Infrastructures, v. Mr. Masood Miya,
HON'BLE THE ACTING CHIEF JUSTICE DILIP B. BHOSALE Arbitration Application No.167 of 2014 Dt:31.12.2015 Between:
Obek Infrastructures.
... Applicant And Mr.Masood Miya and others.
...
Respondents
HON'BLE THE ACTING CHIEF JUSTICE DILIP B. BHOSALE Arbitration Application No.167 of 2015 PC:
Heard learned counsel for the parties.
Mr.Krishnam Raju, learned counsel for the respondents, at the outset, submits that the respondents have no objection for appointing Sri B.Chandra Kumar, a retired judge of this Court as an Arbitrator for resolving the dispute between the applicant and the respondents. Clause 32 of the agreement, dated 27.10.2008, provides appointment of two Arbitrators, one to be appointed by each party and two Arbitrators to appoint the third Arbitrator, who shall act as Presiding Arbitrator. Despite this clause, learned counsel for the parties state that the parties have agreed for reference to the sole Arbitrator, Sri B.Chandra Kumar, a retired Judge of this Court. Sri Justice B.Chandra Kumar is accordingly appointed as sole Arbitrator by consent of the parties. Learned Arbitrator shall fix his remuneration upon deliberation and consultation with the parties. The costs and expenses of the secretarial assistance of the arbitration proceedings shall also be determined by the learned Arbitrator. Each party will bear the expenses of the arbitration proceedings in all respects in equal share.
I desire that learned Arbitrator shall
complete the arbitration proceedings by making publication of Award within a period of six months from the date of entering upon reference. The Arbitrator shall as far as possible hold arbitration meetings in the arbitration centre in the High Court premises, 'C' Block.
The Arbitration Application is accordingly disposed of. _________________________ DILIP B. BHOSALE, ACJ Dt:31.12.2015 kdl